Given that the Liberal party is in opposition to the ruling Labour party, it remains to be seen if Senator Bragg’s bill will be passed. Australian Liberal Senator Andrew Bragg has called for increase...
Tag: Regulation
Australian senator releases draft bill to push for crypto regulation
Australian liberal senator Andrew Bragg released a draft bill to provide regulation of stablecoins, digital asset exchanges, and disclosure requirements for the Chinese CBDC, e-Yuan, on Sept. 19. The ...
Australian senator drafts bill for crypto regulation- Details inside
Australian senator Andrew Bragg has drafted a bill aimed at better regulation of cryptocurrency and other virtual assets in the country. Titled the Digital Assets (Market Regulation) Bill 2022, the bi...
Big Regional Banks Might Face New Rules for Dealing With a Crisis
WASHINGTON—A group of President Biden-appointed bank regulators are considering new rules to require large regional banks to add to financial cushions that could be called on in times of crisis. The s...
Why Alibaba, Other China Tech Stocks Are an Exception to Goldman Sachs’ Outlook
Text size Alibaba and other Chinese tech stocks have been battered since the beginning of last year. Qilai Shen/Bloomberg Chinese tech stocks have taken a beating since many hit all-time highs in earl...
Australian senator drafts bill aimed at stablecoin, digital yuan regulation
Australian Liberal Senator Andrew Bragg has released a new draft bill aimed at clamping down on digital asset exchanges, stablecoins, and China’s central bank digital currency, the e-Yuan. In a statem...
CFTC Prepares to Step up Oversight of Crypto Market — Says Many Digital Assets Are Commodities – Regulation Bitcoin News
The Commodity Futures Trading Commission (CFTC) has shared with Congress its plans to regulate the crypto market with “full oversight capabilities” if the proposed Digital Commodities Consumer Protect...
DOJ Launches Network of Over 150 Federal Prosecutors to Combat Criminal Uses of Crypto – Regulation Bitcoin News
The U.S. Department of Justice (DOJ) has established the nationwide Digital Asset Coordinator Network of over 150 federal prosecutors. The authority explained that the new network will further its “ef...
U.S. Financial Stability Oversight Council to Discuss Digital Asset Regulation Next Week
The Financial Stability Oversight Council (FSOC), chaired by U.S. Treasury Secretary Janet Yellen, will meet on September 23 to discuss regulatory loopholes in digital currencies and the potential ris...
Germany Takes Control of Oil Refineries Owned by Russia’s Rosneft
BERLIN—Germany took control of the German business of Russian oil giant Rosneft Oil Co. as Berlin races to safeguard its energy supplies before its planned ban on Russian oil imports kicks in later th...
Ex-Morgan Stanley Advisor Pleads Guilty to $7 Million Fraud
A former Morgan Stanley advisor pleaded guilty on Thursday to wire fraud and money laundering as part of a $7 million fraud scheme, according to the Department of Justice. Ex-advisor Shawn Edward Good...
Here are all of the Biden administration’s crypto reports
A trio of reports released Friday morning by the Biden administration represent a key step in the federal government’s efforts to lay out a comprehensive approach for American crypto policy and ...
Crypto investment advisor faces SEC fraud charges after raising $4.3 million
The U.S. Securities and Exchange Commission filed fraud charges on Thursday against a crypto advisor who raised close to $4.3 million from four investors. The SEC alleged that Gabriel Edelman fraudule...
ECB Chooses Amazon and 4 Other Companies to Help Develop Digital Euro – Regulation Bitcoin News
The European Central Bank (ECB) has selected five companies to help develop user interfaces for a digital euro. Each company will work with the ECB and focus on one specific use case of the digital eu...
Crypto poses threat to ‘financial stability’ of everyday Americans, feds warn
President Joe Biden’s administration expressed concern over recent developments in cryptocurrency markets and their impact on average Americans’ financial health as it introduced a series of reports F...
White House Releases Guidelines for Crypto Regulation
One major aspect that was addressed by the new framework is the fight against illicit finance. The United States White House, the official residence of President Joe Biden has released a new framework...
White House Releases ‘First-Ever’ Framework for Digital Asset Development — Crypto Industry Leader Says Recommendations Are Unclear – Regulation Bitcoin News
The White House has now released what it called its “first-ever” comprehensive framework for the responsible development of digital assets just over six months after U.S. President Joe Biden signed an...
A new bitcoin futures ETF signals possible step forward in U.S. regulation
A new bitcoin futures exchange traded fund (ETF) by Hashdex could be a game-changer for traditional bitcoin ETF hopefuls. The Hashdex Bitcoin Futures ETF is slated to list tomorrow on NYSE Arca under...
Thai SEC Proposes Banning Crypto Businesses From Staking and Lending Activities – Regulation Bitcoin News
The Thai Securities and Exchange Commission (SEC) has proposed banning businesses from engaging in crypto staking and lending activities. The regulator is seeking public comments on the proposal, noti...
Bitcoin mining stock report: Thursday, September 15
Most mining companies trended downward alongside bitcoin, though a handful traded higher. Bitcoin was trading at around $19,800 at market close, according to data from TradingView. Stronghold Digital ...
US Senator Wants Congress to Step in With Crypto Guidance — Urges SEC to Provide Much More Clarity on Regulations – Regulation Bitcoin News
U.S. Senator Pat Toomey says Congress should step in and provide a regulatory framework for cryptocurrency. He stressed that the U.S. Securities and Exchange Commission (SEC) is not sharing its framew...
Ethereum could face SEC scrutiny after The Merge: WSJ
Ethereum’s shift from proof of work to proof of stake may cause the Securities and Exchange Commission to take a closer look at regulating the cryptocurrency as a security, Chair Gary Gensler hinted o...
Biden Administration Pitches for Regulation and Strict Oversight of Crypto
In a series of reports, the Joe Biden administration on Friday has offered its response to the President’s executive order on cryptocurrencies – Ensuring Responsible Development of Digital Assets – is...
US Treasury Clarifies How to Comply With Regulations on Sanctioned Crypto Mixing Service Tornado Cash – Regulation Bitcoin News
The U.S. Department of the Treasury has answered some questions on regulatory compliance relating to Tornado Cash, a recently sanctioned crypto mixer. The answers include how to withdraw crypto or com...
White House Issues First Ever Framework For Crypto Regulation
The White House on Friday released the first ever framework over what crypto regulations in the U.S might look like. This big announcement has landed amid the continuous downturn in the global digital...
Cryptocurrency Is Virtual Property That Is Protected by Law, Chinese Court Rules – Regulation Bitcoin News
A Chinese intermediate court based in Beijing recently upheld a lower court’s ruling which determined that cryptocurrency is a virtual property protected by the law. The court clarified that regulatio...
U.S. Treasury recommends exploring creation of a digital dollar
The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar, saying it would help reinforce the U.S. role as a leader in the world fin...
Toomey tells SEC chief to be ‘on notice’ that Supreme Court may overrule new climate rule
Republicans on the Senate Banking Committee took aim at Securities and Exchange Commission Chair Gary Gensler’s plan to implement a new rule requiring disclosure of climate change risks during a heari...
White House Finally Publishes A Framework For Crypto Regulation ⋆ ZyCrypto
Advertisement     The White House has officially released a report detailing specific regulatory measures for cryptocurrencies. This report comes when the crypto commu...
White House releases inaugural framework for crypto regulation
The White House has released the framework for cryptocurrency regulation based on the earlier executive order from President Biden. The framework — a combined effort of several federal agencies — offe...